The Chancery Daily and the Case of the Apes and $AMC
Joining the Yet Another Value Podcast today is the Editor and Co-Founder of The Chancery Daily to have a stirring conversation about the wild $AMC / Apes Case. To say The Chancery Daily has been covering every detail of this case would be an understatement and the following interview will wholly confirm that.
To subscribe and catch up on all aspects of the $AMC / Apes case, as well as to subscribe The Chancery Daily substack, please visit: https://thechancerydaily.substack.com/
Chapters:
[0:00] Introduction + Episode sponsor: Stream by Alphasense
[1:50] $AMC / Ape Lawsuit overview
[10:02] Conversion of Apes and AMC share into one share class with Ontario Capital and what happened at the shareholder meeting
[18:53] Why are $AMC shareholders suing to block the Ape/$AMC share consolidation
[21:38] Current status on shareholder vote
[26:38] What are the objectors mainly objecting to?
[36:28] Hedge funds - what are they getting wrong about this case?
[38:22] Baseline expectation of the settlement, is it realistic?
[47:30] Delaware legislation impact on the $AMC case
[51:46] Proposals for what objectors want to see from $AMC
[53:39] Is there any liability from $AMC to ape buyers?
[58:32] Appeal rights post-settlement
[1:05:57] Final thoughts on the whole $AMC / Apes case
Today's episode is sponsored by: Stream by Alphasense
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